Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Promostar from Waasmunster, company number BE0818114628, closed financial year 2023 with a result of € -72,895 after tax. For that financial year Promostar recorded a gross margin of € 20,957 and equity of € -434,909. Compared with financial year 2022, the result moved from € -7,302 to € -72,895. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2024.
€ -434,909
▼ € 72,895 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -72,895
▼ 898 % more loss than in 2022
Profit after tax over the fiscal year.
€ 373
▲ € 303 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -459,909.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 86,706
▲ 59% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
€ 65,200
Loans from banks and other lenders, long and short.
€ 95,467
▲ 15% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 77,317
▲ 7% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 32,339 | € 51,055 | € 20,957 | ▼ 59% |
| Profit after taxes | € -19,879 | € -7,302 | € -72,895 | ▼ € 65,593 |
| Equity | € -354,713 | € -362,015 | € -434,909 | ▼ € 72,895 |
| Total debts | € 456,129 | € 448,508 | € 524,255 | ▲ 17% |
| Cash | € 209 | € 70 | € 373 | ▲ € 303 |
| Retained profit | € -379,713 | € -387,015 | € -459,909 | ▼ € 72,895 |
| Bank debt | € 65,200 | € 65,207 | € 65,200 | |
| Balance sheet total | € 101,416 | € 86,493 | € 89,345 | ▲ 3% |
Key figures of Promostar, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to Promostar?
What happened at Promostar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Promostar is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 72,895. Source: NBB ↗
- Vicky Jamar became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,879 loss in 2021 to € 72,895 loss in 2023.
Paid € 916 in corporate taxes since 2021.
Management
Behind Promostar is Vicky Jamar. Vicky Jamar is also behind JAMAWIL.
Directors
According to the 2023 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Patotterijstraat 5
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0818.114.628
- VAT number
- BE 0818.114.628
- Registered office
- Patotterijstraat 5, 9250 Waasmunster
- Names & denominations
- Promostar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 28 August 2009
- Peppol
- Not registered
- Contact
- masta.be
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